St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-04-23
YESTERDAYS MARKET.
On the Chicago Board of Trade There Was
a Firm Feeling in Wheat. With
Small Dealings.
Prices Again Ruled Slightly Higher for a
While, But Closed at Opening
Figures.
Slight FURRY Produced by Threat
ening News from England
and France.
Transactions in the Financial Circles
of Wall Street--G eneral
Quotations.
Special to the Globe.


CHICAGO, April 22.-The narrowing OF the
premium between June and May wheat yes
terday raised Il doubt in the minds of some
people as to whether, after all, the big wheat
clique would take the cash wheat May and
pay out good money for it. his is the one
narrowing secret left in the market. To dis
cover il beyond question would be worth
AS much money as anybody could carry off,
But to discover this would be to lay bare all
there was TO the big wheat deal that has been
worrying the grain world for three months
1t IS the only secret about the whole manipu-
lation worth knowing. Apparently II is not
known to many persons. If to any, here at
Chicago This incidental feature. however,
can be decided. If the clique doesn't take the
cash wheat ii might as well cash up accounts
as speedily as possible and get out, for it will
be only a matter OF how much they can save
from a wreck. The Chicago bears
have no terror of any bull combination
that fight shy of the cash property. That
means to them u loose, weakened combina-
ton without much money. so that 1t is safe
TO predict if May l goes by without all the
13, coo, 600 bushels of cash wheat being taken
care of by the present bull combination, the
bears here, big and little, will turn in and
sell more wheat than it can margin. May
wheat opened strong at S43sc and June at
S354@5S3 sc. kerShaw Co. were buyers OF
May this morning, reassuring circumstance
that sent May up TO S4$4c, and June up 10
above sac. This settled the speculative tenn
per for a while, and rains good receipts and
all other circumstances that might have
looked little bearish had no influence. a
drop in French rentes of 2 francs helped the
bull feeling.
THE ROUTINE REPORT.
CHICAGO, April 22.-There was light trade
in wheat to-day. with the feeling quite firm.
Prices again ruled slightly higher, though the
closing figures for the day were the same as
on yesterday, except that June delivery had
advanced 10 within 1ac of May delivery. The
only new feature acting upon the market
was war news both French renteS aud Brit
lsh cousols being quoted lower. The market
opened firmer at sac and advanced to
S45se; on increased offerings May broke off
TO sac, rallied trf1e, but closed for the day
at sac. Foreign markets were reported firm-
Export cleurings from the seaboard were
352. 900. The receipts ut twelve points were
PSI, 900. The receipts of corn are very light
and the market ruled firm under this impulse.
The price fer May delivery advanced to Acc,
but toward the close broke off &c aud closed
Il shade higher than yesterday. Oats were
steady aud unchanged. Mess pork was life
less and unchanged. Lard opened 21ac per
loo lbs higher fell back 7H@10c and closed at
inside figures. Short ribs declined 1714@26c
ard closed at the lowest figures of the day.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. :. April, opened at S354c, clos
ing at S314o; May, sac, closing at Sac;
June, S394c closing at S319c; July, $3.50,
closing at S21ac. Corn-No. 2, April, 3754c,
closing ut 3Sc: May, 3S1ac, closing at $500
$500; June, Ace, closing at 4060401sc: July,
411%c, closing at 12c. Oats-NO. 2, April,
213Ic, closing at 2Ts4c; May, 2914c, closing at
2s3sc; June, 291sc, closing at 291sc; July,
2914c closing al 291sc Mess pork, per barrel
April, $50. 50, closing at S20.5C; May, $50. IS,
closing at S2O.75; June, S20.s5, closing at
$50. IS. Lard, per 100 pounds-Aprl, $40,
closing at S7.0215; May, S7.20, closing at
SIG; June. S7.2T1@, closing at S7.1115; July,
S735, closing at $I.25. Short ribs. per
90 pounds-April, S7.S5, closing at $3.50;
Nay. $3.50, closing at 81. 20; June, IS, closing
at $685.; July, SS.15, closing at $T.921a:
Cash quotations were as follows: Flour quiet
and unchanged. Wheat-No. spring. 827a@
$3.50; No. spring, 74l115c: No. 2 red, $3.50.
Corn--No. 2. SIC. Oats-No. 2, 2714@2134c.
Rye-No. 2, SIC. Barley-No. 2, $4,000. Flax
Seed-No, l., Sl0S. Timothy Seed-Prilne,
S1.6T611 6S. Mess pork. per bbl, $1,000. Lard,
per 100 lbs, S7.0715. Short ribs sides, loose,
S765; dry saited shoulders, boxed, S606.l0;
short clear sides, boxed, SS15@6.20. Whisky,
distillers finished goods, per gal, Sl.1S.
Sugars, cut loaf, 674@655c; granulated, &c;
standard a. Receipts-Flour, 1000
bbls; wheat, 1000 bu: corn, $4,000 blu: oats,
1000 bu; rye. 22,00L bu; barley, 1000 bu.
Shipments-Flour 81 coo bbls: wheat, LOCO
bu; corn. LOCO bu: oats, 1900 bu: rye, $4,000
bu; barley, 12.000 Blu. On the produce eX-
change to-day the butter market was weak;
creamery, 1612@22c per ID. Eggs, l1340121ac
per do2.